Impact of US Financial Sanctions on the Dollar's International Status

In 2022,the United States stepped up its sanctions on Russia.Most notably,it restricted the flow of the Russian Central Bank's foreign exchange(forex)assets,using financial administrative power as a source of strategic leverage.This move should have reduced the appeal of US dollar assets but in reality has not accelerated as expected the decline of the greenback as a store of value.The US dollar's share of global forex reserves increased instead of decreased during 2022 and 2023.Despite the rise of economic costs caused by tightened US financial sanctions,countries that recognize the geopolitical role of the United States have further accepted the dollar's international status;their continued willingness to live with the dollar's“security premium”has given a fillip to the US dollar in the short term,boosting its appeal as a reserve currency.Meanwhile,de-dollarization of forex reserves has yet to reach a sufficient scale,thus falling short of significantly challenging the dollar's reign.From a longer-term perspective,as economic and security conditions shift,countries that accept the dollar's international role or seek de-dollarization may change their choices.As a result,four possible scenarios may arise:(i)the preeminence of the US dollar remains unthreatened;(ii)the international monetary system splits into blocs;(iii)the international monetary system fragments;and(iv)the dollar loses its throne.The author believes that the last scenario is the most likely outcome.

Construction of Strategic Supporting-System for Anti-dumping Measures on China's Agricultural Products

With the international trade theories as the basis,this study started with researches on the reality of agricultural products that often experience anti-dumping,carried out a careful study on the construction of business strategic supporting-system to cope with the anti-dumping so as to promote the association governance and industrial warning mechanism and to provide new strategic thinking and theoretical support for the exporters to cope with anti-dumping.

Solutions of the Growing Use of Anti-dumping Measures by Countries in Recent Decades

In recent decades, international trade has evolved into a complex system of trade barriers to ensure the protection of domestic industry and its workers interests. However as tariffs have fallen and international trade tends to be free trade, countries have found another way of protecting domestic industries from foreign competition—non-tariff protection. Among them anti-dumping is the most controversial subject that is involved in the foreign trade. This theme will analyze the reason and effect of growing use anti-dumping measures by countries in recent decades and try to give some possible solutions.

Game Analysis of Implementing Price Undertaking Agreements in Anti-dumping Disputes

The Price Undertaking Agreement is one of the strategies a company accused of dumping often adopts in dealing with anti-dumping disputes.Using static game analysis,this paper compares the impact that anti-dumping duties and price undertaking agreements may have on an importing country's social welfare and an accused company's market performance.We conclude that,compared with anti-dumping duties,price undertakings improve the importing country's social welfare and reduce the accused company's market share in the import country.We also note that,in addition to the financial benefit,price undertakings can prevent escalation of trade disputes in international trade negotiations.

The Characteristics of the Trump Administration's Sanctions

The Trump administration heavily relies on economic sanctions to solve diplomatic problems. Those sanctions are far more protrusive than the ones enforced by his predecessors in terms of scale and scope of the intended target. The Trump administration has manufactured many new programs for sanctions and has attached much importance to imposing sanctions on entities that violate human rights. It also has increased its use of secondary sanctions, export controls and investment restrictions. Both sanction-related criminal enforcement and fines have hit new heights. The main reason for this strategy is that Trump and his economic team are keen on waging a"money war."Meanwhile, sanctions can appeal to Trump’s requirements for quick, easy achievements, and can also contain and suppress opponents. The economic impact of these sanctions is obvious,while the political impact is still questionable. These sanctions have harmed the US alliance system and boosted the de-dollarization trend in the global economy, which makes it increasingly difficult for the United States to achieve its prospective goals in the future.

Analyzing Direct and Indirect Effects of Economic Sanctions on I. R. Iran Economic Growth: Focusing on the External Sector of the Economy

In this paper, we analyze direct and indirect effects of economic sanctions on I. R. Iran’s economic growth from 1979 to 2012 focusing on the external sector of the economy. Our data for variables except for sanction are derived from 1966 to 2012 and a dummy variable is used for each sanction’s beginning years. The designed model is based on the endogenous growth models in which we analyze the effects by 2SLS econometric method. Our findings indicate that economic sanctions have not directly affected Iran’s economic growth so much. These effects have been indirect through restricting total imports, capital goods imports, imports of intermediate goods and primary products and also the export leading to decreased economic growth of the country.

Study on the use of trade barrier of anti-dumping in China

WTO allows its members to use anti-dumping barrier to combat unfair competition. Nowadays, anti-dumping barrier has been dominant protective trade measure in the world, while in China, this measure is still not fully used and at low level. For the purpose of protecting domestic industries and enhancing national welfare, China should use this barrier cautiously and construct its own anti-dumping system at the same time.

Economic Sanctions:A Political,Economic,and Normative Analysis

The use of economic sanctions as a foreign policy tool dates back to the Megarian decree of 432 BC,but has long been controversial.Economic sanctions are commonly employed by governments as a coercive tool to adjust the behavior of a state actor that is in violation of international behavior norms,yet there remains concern as to the effectiveness of applying economic sanctions and the extent to which sanctions should be applied.Further questions arise regarding both the viability and morality of sanctions.This paper will examine case studies to determine the moral,economic,and political impact of imposing sanctions on state actors.In doing so,this paper will specifically examine the economic sanctions applied to South Africa,Iran,and Crimea.It will examine the application of sanctions and the effectiveness in achieving established foreign policy goals,while also analyzing the impact on innocents to determine the ethical implications of sanctions.

US Financial Sanctions on Russia： Do They Work？

Since the Crimean crisis, the US has continuously tightened financial sanctions on Russia. In the short term, this doesn't appear to be working very effectively, but in the long run, it has indeed had an irreversible impact on the Russian economy. Though the US has repeatedly upgraded its sanction plans, four puzzles have long remained unsolved: appropriate sanctions have avoided a humanitarian crisis, but raised moral dilemmas; actual enforcement of sanctions is getting more and more difficult; EU cooperation with the US is vital, but the two regions more often than not play different tunes; and the frequent use of sanctions weakens US legitimacy and integrity, leading to a degradation of the sanction mechanism. Sanctions have continued to be implemented since President Trump took office, but with some new adjustments.

Comparison Research on Anti-dumping Duty Rates between Administrative Review and Welfare Maximization under Dynamic Game of Perfect Information

Using economics and game theory, two kinds of models have been proposed in this paper under the assumption that foreign and domestic firms behave under the condition of dynamic game of perfect information. One model is for calculating Anti-dumping rate which is obtained according to current regulations of Anti-dumping, but it is not optimal. The other is an optimal model of Anti-dumping which is obtained according to the maximum principle of domestic social welfare. Then, through the comparison of this two models in detail, several shortages have been revealed about Anti-dumping rate model based on current regulations of Anti-dumping. Finally, a suggestion is indicated that WTO and China should use the optimal model to calculate Anti-dumping rate.

Why Has China Become a Target of Anti-dumping Activities?

Although the benefits of China’s trade expansion have been distributed much more broadly than those of some early industrialized nations,China has become the primary target of anti-dumping activities.Being a new and relatively efficient new rival in the global market may be an important reason for this.On the other hand,China’s development stage and her trade structure also place her in a disadvantageous position when it comes to anti-dumping activities.

Anti-dumping in Textiles and Clothing

In the run up to the expiry of quota restrictions that had long regulated much of global trade in textiles and clothing, many a pundit predicted widespread recourse to anti-dumping actions.

NCTO Endorses Mexican Anti-dumping Case With China

The president of the National Council of Textile Organizations(NCTO )has written a letter to the Mexican Economic Secretary Hugo Diaz strongly endorsing his country’s decision to seek a World Trade Organization(WTO)

Anti-dumping Investigation Puts Pressure on China

Under the pressure of the anti- dumping investigations on silk fabrics launched by the Indian government, the China Chamber of Commerce for Import & Export of Textiles (CCCT) announced that it has decided not to hold the Silk Trade Fair (Autumn) this year, in order to avoid the negative effects the case might bring.

Anti-Dumping on and from China

The past years saw an increased cases of anti-dumping on China mostly from the developed countries,some from developing countries.But Pakistan,a friendly neighbor to China,recently adds up to that list of ranks for an anti-dumping investigation on China.It is the national interests that count most,after all. It gives out a signal that anti-dumping would be a frequent tool to defend or to attack. Evidences show China is a target for this trade remedy,but is also targeting others.

Ministry of Commerce's Final Arbitration on Anti-dumping Investigation on Nonyl Pheno

The Ministry of Commerce of People’s Republic of China issued the Announcement No.11,2007 of

域外管辖论纲

近年来,域外管辖和域外适用问题成为中国统筹推进国内法治和涉外法治工作的重要议题,但学界对于域外管辖及有关概念尚存争议,实务界在立法、执法和司法实践中也呈现出不同理解。从本质上说,域外管辖权属于国家管辖权范畴,是国家的固有权利。域外管辖指的是国家在本国领土范围内针对境外的人、物或行为确立和行使管辖权,域外管辖包括域外适用,但不等于长臂管辖,也不能等同于经济制裁。国家行使域外管辖权是国际关系中的正常现象,国家往往会在属地管辖权的基础上,依托相关连接点扩张域外管辖权,但这种扩张需要符合“真实合理联系”要求,否则便涉嫌违反国际法,损害国际社会正常秩序。